Better to help another company with better management.

Because you shouldn’t reward bad investors. Just wiping their debt without changing all of management will just result in the same problem in 10 years.

Better for Intel to sell off chunks to competent companies either voluntarily or through bankruptcy.

Because it doesn't have a union.

Because then it couldn't be a morally - now literally - bankrupt company that is nothing more than a shell of the existing company large enough that it being a complete puppet company of the neo-industrial intelligence apparatus is not a viable idea to anyone but the most extreme of Bell-end dwellers.

Socialize losses, privatize profits. How cute.